Facebook just went public!!!!! They filed for a $5 billion dollar IPO....financial experts estimate that Facebook will be worth $85 - $100 billion dollars. My God that is what you call straight liquid!!!!!

"They're claiming some 845 million active monthly users, 483 million daily active users, and *100 billion* friend connections — over 14 times the number of humans on the face of the planet."Facebook files for IPO

If its initial public offering of stock makes enough friends on Wall Street, Facebook will probably make its stock-market debut in three or four months as one of the world's most valuable companies.Facebook files for IPO | 11alive.com

145 million active users Facebook Files for IPO online.wsj.com Facebook Inc. filed for an initial public offering that could value the company at between $75 billion to $100 billion, putting the eight-year-old social network on track to be one of the biggest Web stock market debuts of all time, even as it tries to keep up with skyhigh expectations.

In a securities filing, the Menlo Park, Calif., company said it is seeking to raise $5 billion. That figure is a placeholder and will likely change. Facebook hopes to raise as much as $10 billion when it goes public in the spring, said people familiar with the matter.

The company revealed it has been growing fast, but the figures were less than some had expected. Facebook said it produced $3.71 billion in revenue in 2011, up from $1.97 billion a year earlier. Outside estimates had pegged Facebook's revenue for 2011 at $4.27 billion.

In a letter to potential shareholders, Facebook Chief Executive Mark Zuckerberg said he plans to continue focusing on building products, rather than optimizing for revenue growth. "We don't build services to make money; we make money to build better services," he said." These days I think more and more people want to use services from companies that believe in something beyond simply maximizing profits."

Facebook's public debut is one of the most hotly anticipated IPOs in recent years and would put it ahead of Google Inc.'s 2004 offering, which has held the record for the largest U.S. Internet IPO by raising $1.9 billion and valuing the company at $23 billion. Facebook's offering is also viewed as a defining moment for the latest Web investing boom.Facebook Files for IPO

Like i said facebook filed for their IPO today, save your money cause may is going to be a Great month, i promise 5 bil is only 1/4 of what its gonna be. If the market keeps going good you can almost beat Obama is gonna stay President, its really a catch 22.

NEW YORK (CNNMoney) -- At long last, the Holy Grail of Internet IPOs is here. Facebook filed Wednesday to raise $5 billion in an initial public offering. In 2011, Facebook earned $1 billion on sales of $3.7 billion. As of Dec. 31, Facebook had 845 million daily active users. The vast majority of Facebook's revenue comes from advertising: a combination of search and display ads. Facebook's other revenue stream is its payment system for purchases within apps and games: Facebook Credits. Facebook keeps 30% of the revenue from those payments, and passes the remaining 70% on to the app developer. It's not yet known on which stock exchange Facebook will trade, or what its ticker symbol will be. Facebook will likely re-file its paperwork several times over the coming months. Those updates will add more details and could even restate some of the financial information detailed in Wednesday's filing. How much Facebook is worth: In this initial paperwork, companies don't declare how many shares they're going to sell, or how much those shares will cost. Those details will be added in an updated filing shortly before trading begins. Without that share price information, Facebook's valuation is still speculative. Trading won't begin for several months, as Facebook now has to field questions from regulators and court investors for its stock sale. Most analysts estimate Facebook's valuation will fall somewhere between $85 billion to $100 billion. But the value of Web companies can be extremely volatile. A recent example: Zynga. The FarmVille maker's IPO filing reported that it valued its shares in August 2011 at $17.20 each, which gave the company a valuation of $14 billion. But when Zynga went public in December, shares sold for just $10 -- valuing the company at $7 billion. Several other Internet companies made their public debuts in 2011, but the end of the year proved to be a turbulent time for the sector. Shares of Groupon, Pandora, Zillow, LinkedIn and Angie's List all suffered steep double-digit losses for November, though most clawed back at least a bit in December or January.